1984 Ed.]
Companies
[CAP. 32
203
(3) If the Official Receiver states in any such further report as aforesaid that in his opinion a fraud has been committed as aforesaid, the court shall have the further powers provided in section 222.
(Amended 6 of 1984, s. 138)
Liquidators
192. For the purpose of conducting the proceedings in winding up a company and performing such duties in reference thereto as the court may impose, the court may appoint a liquidator or liquidators in accordance with sections 193 and 194.
(Amended 6 of 1984, s. 139)
193. (1) Subject to the provisions of this section, the court may appoint a liquidator provisionally at any time after the presentation of a winding-up petition.
(2) The appointment of a provisional liquidator may be made at any time before the making of a winding-up order, and either the Official Receiver or any other fit person may be appointed.
(3) Where a liquidator is provisionally appointed by the court, the court may limit and restrict his powers by the order appointing him.
194. The following provisions with respect to liquidators shall have effect on a winding-up order being made-
(a) the Official Receiver shall by virtue of his office become the provisional liquidator and shall continue to act as such until he or another person becomes liquidator and is capable of acting as such;
(b) the Official Receiver shall summon separate meetings of the creditors and contributories of the company for the purpose of determining whether or not an application is to be made to the court for appointing a liquidator in the place of the Official Receiver;
(c) the court may make any appointment and order required to give effect to any such determination, and, if there is a difference between the determinations of the meetings of the creditors and contributories in respect of the matter aforesaid, the court shall decide the difference and make such order thereon as the court may think fit;
(d) where a liquidator is not appointed by the court, the Official Receiver shall be the liquidator of the company; (Amended 6 of 1984, s. 140)
(e) the Official Receiver shall by virtue of his office be the liquidator during any vacancy;
Power of court to appoint liquidators.
1929 c. 23, s. 183.
Appointment and powers of provisional liquidator.
1929 c. 23, s. 184.
Appointment, style, &c. of liquidators.
1929 c. 23, s. 185.